2023
Exports
$17kWorld Rnk 104 / 138
Flag Rnk 655 / 1096
2023
PRODUCT COMPLEXITY IN Enzymes
1.08Rnk 151 / 1025
2023
Imports
$31.1MWorld Rnk 43 / 203
Flag Rnk 247 / 1184
2023
ECONOMIC COMPLEXITY of Nigeria
-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $17k in Enzymes, making it the 104th largest exporter of Enzymes in the world. At the same year, Enzymes was the 655th most exported product in Nigeria. The main destination of Enzymes exports from Nigeria are: Ghana ($14.3k), Turkey ($783), Netherlands ($776), United Arab Emirates ($766), and Niger ($319).

The fastest growing export markets for Enzymes of Nigeria between 2022 and 2023 were Ghana ($10.3k), United Arab Emirates ($766), and Netherlands ($229).

Imports In 2023, Nigeria imported $31.1M in Enzymes, becoming the 43rd largest importer of Enzymes in the world. At the same year, Enzymes was the 247th most imported product in Nigeria. Nigeria imports Enzymes primarily from: China ($8.55M), Denmark ($8.5M), Germany ($4.24M), Netherlands ($2.73M), and Finland ($1.33M).

The fastest growing import markets in Enzymes for Nigeria between 2022 and 2023 were Denmark ($3.16M), China ($2.4M), and Germany ($1.44M).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Enzymes. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$17k
IMPORTS (2023)$31.1M
NET TRADE (2023)-$31.1M

In 2023, Nigeria exported $17k in Enzymes. The main destinations of Nigeria exports on Enzymes were Ghana ($14.3k), Turkey ($783), Netherlands ($776), United Arab Emirates ($766), and Niger ($319).

In 2023, Nigeria imported $31.1M in Enzymes, mainly from China ($8.55M), Denmark ($8.5M), Germany ($4.24M), Netherlands ($2.73M), and Finland ($1.33M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Enzymes EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Ghana$10.3k (254%)
Netherlands$229 (41.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Enzymes BY Nigeria WERE (2022 - 2023):
Niger-$12k (-97.4%)
Turkey-$101 (-11.4%)
Denmark-$46 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Nigeria's main exporting competitors in Enzymes were:
In 2023, Nigeria's main importing competitors in Enzymes were:

Explore Visualizations

Trade Value of Enzymes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $2.88k
TOP IMPORT POTENTIALChina+ $1.52M

Enzymes’s highest export potential is Turkey. With an export gap of $2.88k.   Enzymes’s highest import potential is China with an import gap of $1.52M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with